St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-04-02
WANTS HIM TO EXPLAIN.
A Suit against Z. G.. HI mes to Settle
Some Real Estate Transactions.
Court Notes.

A Suit gainst L. G.. Holmes to Settle
Some Real Estate Transactions.
Court Notes.
Some very startling statements came to
light by reason of bill in equity for relief,
filed by Frederick w. Dunton of New
York, in the United States circuit court
against Elon q. Holmes. banker, of De-
trolt, Mimi. requiring Mr.. Holmes to ex-
plain certain land transactions, by which
Mr.. Dunton claims to have lost heavily.
Mr.. Dunton alleges that between April 1
and July 16, 1885, Mr.. Holmes induced him
to buy lot of promissory notes, which Mr..
Holmes had represented were secured by
mortgages upon good prairie land. He
claims that Holmes represented to him that
farmers. and 'otherS had purchased land of
the Northern Pacific company, and paid 10
per cent. down. giving promiSSory notes for
the balance secured by mortgages, that
Holmes sold him notes from $500 to 81. 100,
amounting in the aggregate to $40. 600
and upwards. which he induced Mr..
'Dunton to purchase for about rs per
cent of their face value, and he accord
ingly forwarded these notes, etc., to New
York, and Mr.. Dunton paid S15, $40 for
them. The complainant charges the de-
PENDANT with conspiracy, with confederating
with others to defraud Mr.. Dunton by in
ducing persons to sign these notes, and by
supplying to them preferred stock of the
Northern Pacific, which he represented
was worth so per cent. of its par value, but
which was really worth only 40 per cent.
All these notes matured Jan. 1, 1887 and,
so far, Mr.. Dunton claims he has only re-
ceived insignificant payments from the
various debtors on the notes purchased.
Upon investigation he finds that none of
these persons whose signatures were at
Sached 10 the notes were residents upon the
land, and many of them were not of Suffi-
cient financial standing for security and
that. instead of the lands being good prairie
lands, they We're wood lands, and i'm some
instances Swampy and worthless, located in
Minnesota and Dakota. He asks the court
TO find out who the persons were that were
in the deal with Mr.. Holmes, and to re-
Quire them and the defendant to make a
satisfactory explanation; also. he prays the
court to fix his measure OF damages.
INJURED IN A COLLISION.
Lyman j. Rhoades and his W life, Florence
j. Rhoades, bring suits in the United States
circuit court against the Minneapolis & ST.
Louis and the Chicago Milwaukee & St.
Paul Railway companies. the railway com
panies being co-defendants in both suits.
Mr.. Rhoades sues for S., 900 for an injured
right knee and sprained ankle. and Mrs.
Rhoades for $4,000 for injuries about the
head and neck. On Sept 2 of last s yenf
plaintiffs took passage on the Chicago. Mil
waukee IL st. Paul for Aberdeen, Oak. AT
Norwood collision occurred between the
Chicago, Milwaukee & st. Paul and the
Minneapolis s. ST. Louis trains. The OBJ
ject of the suits seems to be to ascertain
which railway company was TO blame in the
matter.
COURT NOTES
a land deal between E. X. West and A. E.
johnson and Fred Andrews has resulted in d
suit in the Ramsey county district court
Plaintiff West seeks to recover 500 from
defendants Johnson and Andrews upon
mortgage securing a note for that amount
ON one-sfxteenth of section II and one-six.
teenth of section 20, township 20, range %.
Prof. Charles J. Carman, teacher OF voice
culture, has sued Carl Wirth for $50, the
price OF one full term in voice culture oil
twenty lessons.
.. F. G. Wheeler, manufacturer of starch. has
assigned TO E. Il. Holcombe. in favor of John
Z. Jones to satisfy a small judgment rem
dered by Justice Burgess in favor of Jones'
Suit for S12S for services performed is
brought by James Brodie against Peter Dow
ginp a al